Salida, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Salida Neighborhoods Since 2000




Salida, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Salida Housing Market Information

With 14,074 people, 3,968 houses or apartments, and a median cost of homes of $273,292, Salida real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Salida, accounting for 93.15% of the town's housing units. Other types of housing that are prevalent in Salida include duplexes, homes converted to apartments or other small apartment buildings ( 3.27%), row houses and other attached homes ( 1.66%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Salida. Owner-occupied housing accounts for 75.66% of Salida's homes, and 82.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Salida built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Salida built between 2000 and later ( 17.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.90%).

Salida Home Appreciation Rates

Homes have actually lost value in Salida over the last then years, as home values have seen a decline of 25.61% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Salida home appreciation rates at 1.84%, which equates to an annual appreciation rate of 7.58%.

Appreciation rates are so strong in Salida that despite a nationwide downturn in the housing market, Salida real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Salida appreciation rates continue to be some of the highest in America, at 8.47%, which is higher than appreciation rates in 88.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Salida. Salida appreciation rates in the latest quarter were at 1.84%, which equates to an annual appreciation rate of 7.58%.

Importantly, this makes Salida one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Salida's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$273,292

Salida, CA HOME PRICES

Value Range
> $1,463,000 4.0
$1,097,001 - $1,463,000 2.7
$731,001 - $1,097,000 6.0
$585,001 - $731,000 3.2
$439,001 - $585,000 5.2
$293,001 - $439,000 31.9
$146,001 - $293,000 43.0
$73,001 - $146,000 0.9
$0 - $73,000 3.1

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
19.3073948201102 72.3544973544974

Number Of Homes And Apartments:
3,968

Salida Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
56.04% 2.61% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,543 / per month

Homeownership Rate

Homeownership
Owners 75.66
Renters 24.34
Vacant 4.66

Housing Market Details

 

Age of Homes

AGE OF Salida HOMES
2000 or Newer 17.0
1970 - 1999 74.6
1940 - 1969 7.9
1939 or Older 0.5

Types of Homes

TYPE OF Salida HOMES
Single-Family 93.2
Townhomes 1.7
Small Apt. Buildings 3.3
Apt. Complexes 1.0
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF Salida HOMES
No Bedroom 0.60
1 Bedroom 3.92
2 Bedrooms 8.12
3 Bedrooms 57.98
4 Bedrooms 24.77
5 or more bedrooms 4.61

Popular Neighborhoods in Salida

Zip Codes in Salida, CA